Archive for April 2012 | Monthly archive page

Cinco De Mayo Festival – May 5

Bringing the color and excitement that are the traditions of Mexico, this Cinco de Mayo celebration features a parade and festival with five stages of entertainment, Latino delicacies, a car show, a free children’s area and an indoor mariachi and ballet folklorico performance.

Click here for more information!

From our NorCal network : The Artisan Group

319 Paiute Drive
Zephyr Cove, NV, 89448
Offered at $6,395,000

For more information about this property or a referral to other areas of Northern California, please contact me.

Weekly Charts

Weekly market activity charts for the 6 months ending 4/22/12 for San Francisco houses, condos and TICs:

Listings for Sale: At this time of year, inventory typically starts to grow. Instead it continues to decline, i.e., homes are selling more quickly than they are coming on market. We are at about half the number of active listings as at this time last year.

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Percentage of Listings Accepting Offers: Comparing demand to supply, the SF market is hotter than it has been in many years.

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New Listings Coming on Market: Insufficient number of new listings to satisfy buyer demand. Hopefully, a spring surge in new listings will soon begin.

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Median House Sales Price: Measuring median sales price by week is pretty iffy, since fluctuations are common without any great significance (even on a monthly basis), but for what it’s worth, the median sales price for SF houses has been climbing in recent weeks. We are certainly seeing upward pressure on home prices in most of the city’s neighborhoods right now.

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International Arts Festival – May 2-May 20

SFIAF’s mission is to promote the arts and San Francisco through production of an annual, multi-disciplinary festival that brings together the world community of artists and audiences. The festival works with multiple artists and arts organizations to commission and present innovative, collaborative performances and projects that push the boundaries of artistic excellence and genre that are focused on increasing human awareness, appreciation and understanding.

Click here for more information!

Eat fresh and local. Here is a list of San Francisco’s weekly farmers’ markets

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International Beer Festival – April 28th

The San Francisco International Beer Festival has a crew of people working to bring you hundreds of lip-smackin’ good brews from the Bay Area, Northern California and beyond as well as delicious nibbles from right here in our back yard.

Click here for more information!

From our NorCal network : The Artisan Group

5568 North Lake Boulevard
Carnelian Bay, CA
Offered at $3,995,000

For more information about this property or a referral to other areas of Northern California, please contact me.

Paragon Real Estate Group Ranks High in 2012 RealTrends 500 Report

The just released 2012 RealTrends 500 ranking report for the 500 largest residential real estate brokerages in the U.S. ranks Paragon Real Estate Group of San Francisco #3 in sales volume per agent and #4 in average sales price, for 2011 sales.

Why is it important to anyone? After less than 8 years in business, Paragon is at the top of the national ranking and #1 in the Bay Area (of the largest brokerages) in producing successful results for its clients. In that same period, Paragon has established a strong presence in higher-end luxury home sales in San Francisco.

Paragon agents averaged over $7 million in sales volume in 2011, with an average sales price of over $1 million.Founded in 2004 by five of the most experienced and successful real estate managers in San Francisco, Paragon is already one of the top three residential brokerages in the city by sales volume. According to the just-released 2012 RealTrends 500 report, of the 500 largest residential brokerages in the United States, Paragon ranks #3 in sales per agent and #4 in average sales price . Per the SF Business Times, Paragon is #1 in sales per agent of the top 10 brokerages in the Bay Area (for the 4th year running), and according to Broker Metrics, we also have the largest number of agents in the top 10% of all SF agents by dollar volume sales.

With approximately 125 agents, and a management, marketing and support team of over 20, Paragon brokered almost a billion dollars in real estate in 2011.

Information about RealTrends:
“REAL Trends, Inc. is a communications and consulting company considered to be the leading source of analysis and information on the residential brokerage and housing industry. REAL Trends is based in Denver, Colorado.”

Source: LuxuryPortfolio

1261 Grove St, No. 5

Represented Buyer

AP Article: Reports point to recovering housing market

This is a look at what’s going on in the housing market from a different angle – lender mortgage applications — than our usual market statistics:

AP Article: “Reports point to recovering housing market”

“Earnings reports from two major banks Friday painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low interest rates to refinance.
At JPMorgan Chase, the biggest bank in the United States, income from new home loans set a record from January through March. The bank issued 6 percent more mortgages than a year ago and got 33 percent more applications.
Wells Fargo, which issues the most home loans, booked the most mortgage fees since 2009. It issued 54 percent more mortgages than a year ago and took 84 percent more applications.”

Click here to read the complete article.